parity

1n-uncountIf there is parity between two things, they are equal.FORMALWomen have yet to achieve wage or occupational parity in many fields...

2n-varIf there is parity between the units of currency of two countries, the exchange rate is such that the units are equal to each other.(TECHNICAL)The government was ready to let the pound sink to parity with the dollar if necessary.

(in neomarxist thought) the second main exploitive social class: The bourgeoisie of formation. The members of the formoisie have human capital, receive high wages (the most frequently thanks to their diplomas) and consume more than the world GDP. (neologism 1993 Yanick Toutain)

[Hum. Sc.] The formoisie is the social class that created social-democracy and stalinism.

A small short-term loan, with very high interest rates, that the borrower promises to repay on or near the next payday. Used by wage earners who run short of cash before payday. Payday lending is an established form of lending in the US and Canada.

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